XPeng delivered 22,204 vehicles in the fourth quarter, above the upper end of the 20,000 to 21,000 guidance range it previously provided.
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Insurance registrations for most new energy vehicle (NEV) brands in China were flat or up slightly last week compared to the previous week, the latest figures show.
XPeng's Guangzhou plant was qualified in December to produce vehicles with a design capacity of 120,000 vehicles a year, a contractor for the company said.
NIO's F4 plant integrates Leopard's original plant, and more information may be announced in March-April, according to local media.
Starting in June, NIO will basically maintain a construction rate of 120-150 battery swap stations per month.